Netcall (LON:NET) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Netcall plc (LON:NET)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 100.53 ($1.30) and traded as high as GBX 116 ($1.50). Netcall shares last traded at GBX 115 ($1.49), with a volume of 129,130 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NET. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.69) price objective on shares of Netcall in a research report on Tuesday, December 17th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.69) price objective on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Trading Up 0.4 %

The firm has a 50 day moving average price of GBX 110.55 and a 200 day moving average price of GBX 100.53. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of £190.09 million, a PE ratio of 32.39 and a beta of 0.23.

Netcall (LON:NET) last released its quarterly earnings data on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) earnings per share (EPS) for the quarter. Netcall had a return on equity of 14.95% and a net margin of 14.99%. Equities analysts expect that Netcall plc will post 3.7029017 EPS for the current fiscal year.

Insider Activity

In other Netcall news, insider James Ormondroyd purchased 95,279 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of GBX 105 ($1.36) per share, with a total value of £100,042.95 ($129,740.57). Also, insider Michael Jackson sold 180,000 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.43), for a total transaction of £198,000 ($256,776.03). Insiders own 11.47% of the company’s stock.

About Netcall

Netcall is a leading provider of Intelligent Automation and Customer Engagement software enabling customers to digitally transform their businesses faster and more efficiently, empowering them to become leaner, more customer-centric organisations.

Netcall achieves this through its industry-leading Liberty Platform which provides a tightly integrated suite of low-code, customer engagement and contact centre solutions, helping organisations to manage and improve customer experience, effortlessly.

The Group’s customers span enterprise, healthcare and government sectors including two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, Aon and Santander.